CURRENT EVENTS
eDelivery Now Available!
You can now receive your Bank of Tennessee monthly statement online instead of waiting for it to be mailed to you. Once you sign up, you'll receive your statements by email in a password protected file. It's easy, convenient, fast and FREE! Click here to learn more about eDelivery.
Email Scam
We have had reports that an email has been sent to individuals stating that the recipient's "BankTennessee ATM Card" had been suspended/cancelled and indicates that the reciepient should contact "BankTennessee" and provides a phone number and/or email address. The emails state that they are from BankTennessee, NOT Bank of Tennessee. These emails and phone numbers are not associated with Bank of Tennessee, but have been sent by unauthorized individuals who may be attempting a scam through a common technique called "phishing". The main thing phishing e-mail messages have in common is that they ask for personal data, or direct you to Web sites or phone numbers to call where they ask you to provide personal data. Further information on protecting yourself from phishing scams can be reviewed by Clicking here to learn more.
Bank of Tennessee President and CEO Roy L. Harmon, Jr. answers your questions about the Bank and the economy
Many customers and concerned area citizens have asked numerous questions about how the nation, the region and their bank are dealing with the current economic times. Bank of Tennessee President and CEO Roy L. Harmon, Jr. has been a guest several times on a local radio program to discuss subjects pertaining to the Bank, the economy and his predictions. Harmon has been a guest on "Thinking Out Loud" with Dave Hogan and Carl Swann is a local morning radio program on AM 910 WJCW.
Click here to listen to one of Harmon’s guest spots.
Bank of Tennessee continues participation in FDIC’s TAG Program
Your Bank of Tennessee non-interest bearing checking accounts (including low interest checking accounts with rates of less than .50 percent) are now fully guaranteed, regardless of the account balance. This guarantee is provided by the FDIC as Bank of Tennessee elected to participate in the FDIC's Transaction Account Guarantee Program. The guarantee of non-interest bearing checking accounts is temporary, through June 30, 2010.
New FDIC Insurance Coverage Goes Into Effect
On May 20, 2009, President Barack Obama signed the Helping Families Save Their Homes Act, which extends the temporary increase in the standard maximum deposit insurance amount that applies to all deposit accounts to $250,000 per depositor through December 31, 2013. This extension of the temporary $250,000 coverage limit became effective immediately upon the President's signature. The legislation provides that the standard maximum deposit insurance amount will return to $100,000 on January 1, 2014.
Learn more about FDIC insurance coverage
We are happy to offer free "FDIC Insurance Checkups" to review your deposits at Bank of Tennessee or at any institution. Call or come by one of our offices for your free check up.
Or, you can check your insured deposit limits using the FDIC’s Electronic Deposit Insurance Estimator.
New Product Provides up to $50 Million in FDIC Insurance
We can actually insure your deposits up to $50,000,000! Bank of Tennessee has an innovative product that can do the legwork of placing deposits at different financial institutions for you with one stop at one of our branches. Click below to learn more about CDARs.
Brochure regarding CDARs
FDIC Launches Foreclosure Prevention Initiative
The FDIC has produced a free tool kit of information that will help homeowners and the banking industry avoid unnecessary foreclosures and stop scams that promise false hope to consumers at risk of losing their homes. The tool kit includes a new FDIC brochure entitled "Is Foreclosure Knocking at Your Door?" that encourages consumers facing difficulties to contact their mortgage servicer and apply for a loan modification. Find the tool kit and other resources at http://www.FDIC.gov/foreclosureprevention
Protect Yourself from Online Scams
Click here to find out how.
Also, click here to get your free credit report.